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rome thanks for joining us the program sir of course there's been an election blackout a century since february eighth so i don't quite know how the public a feeling about the choice of candidates but what is your sense i mean are people happy with the variety that you have right now. not exactly they are rather bewildered some of them want to just cost of vote of croppers. they know whom to vote or watch parties that will do it quite convinced others would like a different course and. they're not terribly convinced by other parties some of them vote because they're faithful to a certain trend and the idea but they're disses does fight with the party leadership all the really you know and body these ideas help us for the comeback you know all glories hoping that they will have some magic wand to solve the problems and this is a bit the sentiment that goes around but many of the people you know with difficulty say you know we have to vote we have to vote you know a lot of us have to call the vote in order to have a different body image well speaking of all the glories we have silvio ber
rome thanks for joining us the program sir of course there's been an election blackout a century since february eighth so i don't quite know how the public a feeling about the choice of candidates but what is your sense i mean are people happy with the variety that you have right now. not exactly they are rather bewildered some of them want to just cost of vote of croppers. they know whom to vote or watch parties that will do it quite convinced others would like a different course and. they're...
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Feb 27, 2013
02/13
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it shouldn't take insity in italy for us to getack together. i'm so happy to see you. >> well you know --. melissa: go ahead. >> if insanity in italy brought us together, we would be on every day. we would be on every day. melissa: you're too good. you're too good. what do you make of everything that happened? >> well it's a very strange election. you called it must wrestling. that sounds right, the two top parties were less than half a percent apart. the winner was on the center left. he ran aggressive left berlusconi, who had been in power up until fairly recently. berlusconi finished surprisingly only a half-point behind. the number three person was a comedienne. melissa: yeah. grillo. pep pegrillo. >> and what he said, melissa, said they're essentially all thieves. throw all the bums out. a guy who was technocratic economist, who had been doing a good job in terms of runng the economy, he finished a distant fourth and clearly one of the things you can read, you can read two or three big things into this. the headline in one of the rome news
it shouldn't take insity in italy for us to getack together. i'm so happy to see you. >> well you know --. melissa: go ahead. >> if insanity in italy brought us together, we would be on every day. we would be on every day. melissa: you're too good. you're too good. what do you make of everything that happened? >> well it's a very strange election. you called it must wrestling. that sounds right, the two top parties were less than half a percent apart. the winner was on the...
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Feb 27, 2013
02/13
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KCSM
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our correspondence sent us this report from the frankfurt stock exchange. >> a lot of tension with traders in the frankfurt exchange. nobody really finding it very humorous what is happening in italy, and it shows dramatically what happens when a country gets in trouble, and it shows how quickly that can happen and how seriously the problems can run. nobody here really knows what to expect in the next couple of weeks with that stalemate in italy. it shows that the euro sovereign debt crisis is not over, and the effects are quite dramatic as well. there are serious share price losses across the board, especially in the financial sector, not just for italian financials but also for the german ones. people are now hoping that it does not affect the euro too much in the next couple of weeks. what is being sought after is a safe haven. people are finding it in german government bonds. >> we stay in europe where it is sharply lower on the day for the dax. about 2.25% lower, all down to that uncertainty in italy. over in new york, a different picture. stocks recovering a bit after a big sell-off
our correspondence sent us this report from the frankfurt stock exchange. >> a lot of tension with traders in the frankfurt exchange. nobody really finding it very humorous what is happening in italy, and it shows dramatically what happens when a country gets in trouble, and it shows how quickly that can happen and how seriously the problems can run. nobody here really knows what to expect in the next couple of weeks with that stalemate in italy. it shows that the euro sovereign debt...
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Feb 25, 2013
02/13
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LINKTV
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a part in pulling italy back from the economic brink but it plunged the country into austerity, prolonging its worst recession in 20 years. boaters are now looking to the politicians to solve their problems. there are few promising answers. he looks at to win a shaky majority despite pledging to press ahead with austerity. it has at least pledge to pursue growth. there is no certainty that it will be able to govern with a free hand. its power potentially curtailed by a colorful cast of characters. in predictable fashion, berlusconi has already broken the silence impose some politicians at election time. >> they attacked me. it was based on nothing. nothing came of it. >> some may be won over by that. others will be enticed by the anti-establishment, anti- everything appeal from a comedian. with no experience in politics whatsoever. italy today, and that is the great strength. al jazeera, naples. >> that go live to al jazeera. how has turned not return out in so far? >> it has been a little bit lower as it was this time for the last election. not much. there are a few reasons behind that. e
a part in pulling italy back from the economic brink but it plunged the country into austerity, prolonging its worst recession in 20 years. boaters are now looking to the politicians to solve their problems. there are few promising answers. he looks at to win a shaky majority despite pledging to press ahead with austerity. it has at least pledge to pursue growth. there is no certainty that it will be able to govern with a free hand. its power potentially curtailed by a colorful cast of...
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Feb 26, 2013
02/13
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fushiko has the story for us from tokyo. >> hi, ross. the renewed fears about the european debt crisis were the biggest news here in japan today, as well. the yen regained its status due to decisive elections in italy gaining strength and trading mostly in the 91 level to the dollar. the nikkei 225 dropped 2.3% from the sharp rise in yuan. exporter shares were especially damaged as they took the brunt of the sell-off. carmakers such as honda dropped 3% and toyota down 1.7%. electronics maker shares sony and rico both almost lost 4%. however, many analysts think that the yen's falling trend remains unchanged and it will soon remain unchanged again. investors see the likely appointment to pursuing the policy in the future. investors looked ahead and bought real estate shares in hopes to affect inflation from deflation into the domestic economy. back to you, ross. >> thank you so much for that. the french finance minister says he hopes italy's bersani can form a government. it is not a wide but a risk for the eurozone and the finance minist
fushiko has the story for us from tokyo. >> hi, ross. the renewed fears about the european debt crisis were the biggest news here in japan today, as well. the yen regained its status due to decisive elections in italy gaining strength and trading mostly in the 91 level to the dollar. the nikkei 225 dropped 2.3% from the sharp rise in yuan. exporter shares were especially damaged as they took the brunt of the sell-off. carmakers such as honda dropped 3% and toyota down 1.7%. electronics...
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a very warm welcome to you from all of us here at moscow. with your worldwide news . the election that was meant to dig italy out of chaos is now adding political deadlock to economic distress no party or coalition has managed to secure a clear majority in either house of parliament the country now stuck between options on the left and right as also a major new force emerging with a party led by a former comedian winning a quarter of all the votes. and man of. political corpse just a couple of months ago. actually seems to be holding a really good. in the senate but again he is. number one in the senate now if we look at they all over hell. however parliament does seem like the majority of the seats there. claimed victory there but you have to understand that this is not because so many people have voted for him it is because of the italian election law which does give a lot. to the party. even by the tiniest margin and that is exactly the situation in this case because berlusconi as well is a newcomer but are all essentially tied in the parliament as well so what we
a very warm welcome to you from all of us here at moscow. with your worldwide news . the election that was meant to dig italy out of chaos is now adding political deadlock to economic distress no party or coalition has managed to secure a clear majority in either house of parliament the country now stuck between options on the left and right as also a major new force emerging with a party led by a former comedian winning a quarter of all the votes. and man of. political corpse just a couple of...
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good to have you with us here today. live in moscow with your news from around the world. voting has ended in italy where a disillusioned public has begun choosing. exit polls show the center left coalition is leading with the main surprise of this election the party led by a former comedian also. more at all. good to see you can you give us a bit more specific numbers stacking up at the exit polls. well at this point of course the numbers are going to be changing every every minute you can say that of course that is it according to the exit polls but at this point we have yet allude to bits that means you have said with the center left coalition and the first place with just over one third of the votes that have been that have been counted according to the exit polls in the second place we seem to have. gone to making a comeback to politics and then third place of course is the man who has been sort of a surprise votes all these elections and that is. the stand up comedian who has come to be the new face of the new voters who can say it's hillary and with the prime minist
good to have you with us here today. live in moscow with your news from around the world. voting has ended in italy where a disillusioned public has begun choosing. exit polls show the center left coalition is leading with the main surprise of this election the party led by a former comedian also. more at all. good to see you can you give us a bit more specific numbers stacking up at the exit polls. well at this point of course the numbers are going to be changing every every minute you can say...
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but there is really a group of the caught of us that believe that austerity measures are completely counterproductive longer term in fact and that the eurozone should find a way to actually stimulate its economy instead of suffocating it do you believe that we've always felt that austerity led growth was a contradiction in terms but it was nonetheless necessary in the near term in order to try to at least stabilize public finances and to show some willingness to get to grips with the scale of the problem but i think there's been a remarkable cooling of the pro austerity fervor over the course of the last three or four months but it all really stemmed in october when the i.m.f. decided to call when they. blish the piece of research suggesting that the school multipliers needed to be recalculated now that's a very very dull phrase and it was a very. very technical working paper but what the i.m.f. suggested in its research was that previously they felt that if you cut a euro of spending the economy would shrink by sixty cents and your debt to g.d.p. ratio would improve they recalculat
but there is really a group of the caught of us that believe that austerity measures are completely counterproductive longer term in fact and that the eurozone should find a way to actually stimulate its economy instead of suffocating it do you believe that we've always felt that austerity led growth was a contradiction in terms but it was nonetheless necessary in the near term in order to try to at least stabilize public finances and to show some willingness to get to grips with the scale of...
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great to have you with us this evening we've got live news and analysis from across the globe i'm lucy catherine of and of course you're watching r.t. well on to our top story now the voting has officially ended in italy where a disillusioned public has been choosing its next parliament the early results of thus far show the center left coalition is leading with the main surprise of the election the party led by a former comedian also doing quite well but he is reports from rome. well at this point we're kind of having this whole up and down which is happening between the candidates which is of course something to be expected in the preliminary stages of the counting of the results it's first it looks like the evolution was at the head then. he made a surprise appearance at the top and then back it went down to being in first place better going to being in second and the biggest surprise with agree lower former stand up comedian coming in the a very firm third place and of course modern monte the prime minister has since told numerous assyria to measures italian public his coming in th
great to have you with us this evening we've got live news and analysis from across the globe i'm lucy catherine of and of course you're watching r.t. well on to our top story now the voting has officially ended in italy where a disillusioned public has been choosing its next parliament the early results of thus far show the center left coalition is leading with the main surprise of the election the party led by a former comedian also doing quite well but he is reports from rome. well at this...
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Feb 26, 2013
02/13
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CNBC
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what we're going to hear from bernanke, and really does italy matter? i mean it mattered a lot yesterday, but have we gotten over that already? >> well, i think that, you know, we don't live in a very pragmatic world. and i think that's, you know, the lead-in i'm going to give you both to the fed and italy. i think, with regard to italy, it isn't trying to press americans, or asian opinions, to how ignorant voters were at the polls. that isn't the story. for how the credentials of the politicians fit or don't fit. or whether they follow through. it's very simple. it's a referendum on the euro, but even more importantly, it shows that bureau contracts that have lots of power post crisis are always missing the only element that really matters. next the quirks of human behavior and i think that's really the issue. what's going on in italy isn't unique to italy. it's unique to any of the southern countries that are being somewhat financially saved by germany, and the relationship that exists in that kind of parental relationship, and then throwing the voter
what we're going to hear from bernanke, and really does italy matter? i mean it mattered a lot yesterday, but have we gotten over that already? >> well, i think that, you know, we don't live in a very pragmatic world. and i think that's, you know, the lead-in i'm going to give you both to the fed and italy. i think, with regard to italy, it isn't trying to press americans, or asian opinions, to how ignorant voters were at the polls. that isn't the story. for how the credentials of the...
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Feb 26, 2013
02/13
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FBC
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the stock market can rally, 20, 30% from here. what investors do, sell assets in one class and move to stocks and i think you're seeing a movement in asset allocation, but the news in italy certainly supports gold for sure. stuart: okay, long-term, tres, thanks for getting straight to the point. young man. very good. let's get back to how italy is affecting our markets. and joining the company is the senior research fellow at the center at george mason university. veronique, welcome back. >> thanks for having me. stuart: maybe the italians will be a lot better off dumping the euro and experiencing a lot of short-term pain and getting back to the lira to devalue it whenever they like. >> right now there's a strong case for italy to get out of the euro and probably beats the slow torture they're going to go through. even though, ill he' say it, maybe the decision won't be up to them and as well for other countries. and the markets may end up deciding for them. stuart: and they reject the slow torture. >> i agree and this is one thin
the stock market can rally, 20, 30% from here. what investors do, sell assets in one class and move to stocks and i think you're seeing a movement in asset allocation, but the news in italy certainly supports gold for sure. stuart: okay, long-term, tres, thanks for getting straight to the point. young man. very good. let's get back to how italy is affecting our markets. and joining the company is the senior research fellow at the center at george mason university. veronique, welcome back....
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Feb 25, 2013
02/13
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the stock kind of doing more of a flat-line at this point. >>> results have been trickling in from italy's elections. i want to get now to what has been moving this market. chief international correspondent michelle caruso-cabrera joins us live. she's on the news line from rome. bring us up to date. >> reporter: david, in the last half-an-hour we've seen numbers improving dramatically for silvio berlusconi. we want to caution everybody, this is still very early but silvio berlusconi rising in the polls, leads to a lot of uncertainty about what's going to happen to the government here. doesn't mean that berlusconi wins. it just means it is going to be a lot harder to form a coalition to have any kind of stable government that can push through reforms. we've seen the italian market which had been up 4% on the initial results, went negative. it's not flat again. 10-year yield in italy which is so worrisome to the rest of the world because italy has so much debt, it has started to rise again. additionally we started to see the euro fall when it became clear berlusconi was doing better than exp
the stock kind of doing more of a flat-line at this point. >>> results have been trickling in from italy's elections. i want to get now to what has been moving this market. chief international correspondent michelle caruso-cabrera joins us live. she's on the news line from rome. bring us up to date. >> reporter: david, in the last half-an-hour we've seen numbers improving dramatically for silvio berlusconi. we want to caution everybody, this is still very early but silvio...
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Feb 21, 2013
02/13
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CNBC
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we're also just three days away from italy's general election. find out what the country's business leaders are expecting from the race. we'll be live in milan when we come back. great, everybody made it. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> italy votes on sunday. we're just days away 23r from when eye at that timans will go to the polls to vote for a new leader. julia is in milan with all the latest on the elections. hi, julia. >> hi, kelly. thank you very much. all morning on this show we've been listening to my interview with th
we're also just three days away from italy's general election. find out what the country's business leaders are expecting from the race. we'll be live in milan when we come back. great, everybody made it. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol...
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Feb 13, 2013
02/13
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founder and ceo of e-money executives joining us from naples, florida. not to be confused with naples, italy. which -- >> naples, florida, is also nice. >>> westminster dog show took place last night. why should your dog be best in show? jeff tweeted a picture of his baby. phillip tweeted a photo and said he should have been best in show, too. john tweeted that his afghan hound has what it takes. she's a champion bloodline inported from canada. >> that's it for today's show. we'll leave you with a shaky dog story. "squawk box" next. ♪...] >> i've been training all year for the big race in chicago, but i can only afford one trip. and i just found out my best friend is getting married in l.a. there's no way i'm missing that. then i heard about hotwire and i realized i could actually afford both trips. see, when really nice hotels have unsold rooms, they use hotwire to fill them. so i got my four-star hotels for half-price! >> men: ♪ h-o-t-w-i-r-e ♪ hotwire.com >> announcer: saig on car rentals too, from $12.95 a day.
founder and ceo of e-money executives joining us from naples, florida. not to be confused with naples, italy. which -- >> naples, florida, is also nice. >>> westminster dog show took place last night. why should your dog be best in show? jeff tweeted a picture of his baby. phillip tweeted a photo and said he should have been best in show, too. john tweeted that his afghan hound has what it takes. she's a champion bloodline inported from canada. >> that's it for today's...
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Feb 18, 2013
02/13
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julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the government's books will continue to be weighed down by heavy debt. that's even if plans go ahead to raise a sales tax. there's a one in three chance of a downgrade this fiscal year. this is as the japanese prime minister shinzo abe says he will consider changing the bank's mandate. he didn't comment on current policy. all this as investors determine who will become the bank of japan's next governor. front runners for the post include former bank of japan deputy governor and the head of the asian development bank harikahiko tura. >> we did catch up with taro at a meeting this weekend in moscow. the next b
julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&p says recent policies could reflat japan's economy. but the...
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Feb 19, 2013
02/13
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so come back to us. guys, for now, it's back to you. >> i was just thinking, you should ask him about the comments from the japanese prime minister who suggested that everybody in italy has gone out and spent their money and they haven't saved it like in japan. so get some feedback from that, right? >> yeah, i will. 11% savings rate here, by the way. >> exactly. >> interesting. >> exactly. which is why they may slightly disagree with those comments. >>> meanwhile, italy is attracting criticism. the finance minister is taking a swipe at italians suggesting that excessive spending is a national trait. >>> also, the italians see very little merit to living within their means according to the japanese finance minister and he references his only italian friends saying they prefer fought to have savings when they die can clearly jules has just disproven. >> i don't understand in this situation why he would want to point the finger at italians in a tongue and cheek away even at a time when japan is trying to in
so come back to us. guys, for now, it's back to you. >> i was just thinking, you should ask him about the comments from the japanese prime minister who suggested that everybody in italy has gone out and spent their money and they haven't saved it like in japan. so get some feedback from that, right? >> yeah, i will. 11% savings rate here, by the way. >> exactly. >> interesting. >> exactly. which is why they may slightly disagree with those comments. >>>...
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Feb 4, 2013
02/13
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in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> here is what's on the agenda today in the u.s. reports on the trade deficit, consumer credit and productivity are due. today, we'll get december factory orders at 10:00 a.m. eastern. the stream of earnings will start to slow. we hear from clorox, gannett, humana, simon
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses all stations come over to mithis is for...
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Feb 25, 2013
02/13
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CNBC
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michelle caruso cabrera joins us now from the best place in the world, rome, italy. >> it is the best place in the world. it's rainey today, and yet i wouldn't want to be anywhere else. 2 1/2 hours to go until italians have to stop voting. the polls close at 3:00 local time. that's 9:00 a.m. east coast local time. we'll start getting early exit polls. it's really confusing. the first numbers will be difficult. we have with us today amato gerardi. he's an american, he lives in philadelphia, but he's a member of the italian parliament because the italian parliament has representatives from all over the world who represent people of italian desent living overseas. you are on the berlusconi ticket. >> yes. >> you know berlusconi actually quite well. he could possibly win in this election. looks like he may come in second. can you explain the phenomenon of berlusconi to americans? we find it quite amazing that somewhere who had so much trouble with the laup law, yet italians have put him into power three times. >> if he wins, this will be the fourth comeback. we are comfortable that he's g
michelle caruso cabrera joins us now from the best place in the world, rome, italy. >> it is the best place in the world. it's rainey today, and yet i wouldn't want to be anywhere else. 2 1/2 hours to go until italians have to stop voting. the polls close at 3:00 local time. that's 9:00 a.m. east coast local time. we'll start getting early exit polls. it's really confusing. the first numbers will be difficult. we have with us today amato gerardi. he's an american, he lives in...